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NI Holdings NODK Reinsurance Premiums Payable

Reinsurance Premiums Payable at other companies

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HCI GroupHCI
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$356.3M+49.5%
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$1.12B+2.8%
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Safety Insurance GroupSAFT
$1.89M-90.8%
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$21.1M-19.5%
Global Indemnity Group, LLC
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Global Indemnity Group, LLC GBLI
$3.1M+11.2%

Other financials

Income statement

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Revenue$59.6M-16.6%
Gross profit$15.7M-13.5%
Net income$12.5M+93.6%
EPS (diluted)$0.60+93.5%

Balance sheet

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Cash & equivalents$57.7M+0.9%
Total debt$1.4M-67.2%
Total equity$243.8M+1.0%
Total assets$492.1M-6.3%

Cash flow

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Operating cash flow-$1.9M-119%
CapEx$42.0K+110%
Free cash flow-$1.9M-119%

Valuation

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Market cap$324.43M+26.1%
P/S1.2×+0.4×

Profitability

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Gross margin30.2%-1.8pp
Net margin-1.6%
FCF margin-2.4%

Returns & leverage

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Return on equity-5%-2.1pp
Debt / equity0.0×

Where this comes from

Reported directly by NI Holdings in its filing.

Tagged under the XBRL concept nodk:ReinsurancePremiumsPayable.

The official record: NI Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NI Holdings's reinsurance premiums payable?
NI Holdings (NODK) reported reinsurance premiums payable of $1.72M in Q1 2026.
How has NI Holdings's reinsurance premiums payable changed year-over-year?
NI Holdings's reinsurance premiums payable increased by 640.9% year-over-year, from $232K to $1.72M.
What does reinsurance premiums payable mean?
This represents the long-term obligations owed to reinsurers for premiums ceded under reinsurance agreements. It reflects the company's ongoing commitment to pay for risk-transfer services provided by third-party reinsurers. Monitoring this helps investors understand the cost structure of the company's reinsurance strategy and its long-term payment obligations.